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The mathematician of the Complutense University of Madrid, José-Vidal Ruiz Varela, argues that Europe must raise its borrowing limit, leaving its deflationary policy. Meanwhile, USA must correct debt and raise the interest rates. Raising the interest rates in the USA and dropping them in Europe, recovers the European domestic demand and EE.UU may return to invest in Europe, with a stronger dollar, without any problem, generating hundreds of thousands of Jobs

German consumer sentiment has hit its highest level in almost six years, as a
robust labor market and rising wages are boosting households' income prospects
and their economic outlookThe GfK's forward-looking consumer sentiment indicator rose for the sixth
straight month, to 6.8 points in July from 6.5 in June, hitting its highest
level since September 2007 and beating economists' forecast for an unchanged
reading of 6.5 pointsWhile GfK's overall consumer climate indicator refers to
July, all sub-indicators refer to the current month"Optimism appears to be unbroken," GfK said in its monthly survey, confirming
an earlier estimate that German private consumption will grow by about 1% this
year in inflation-adjusted termsGfK said that both households' income expectations and their economic outlook
further improved in June, while the propensity to save hit its lowest level
since the German reunification, when pan-German records start"In view of the
historically low interest rates, saving is not attractive," GfK saidThe GfK sub-indicator for income expectations increased for the third
straight month, to 36.2 points in June from 33.9 in May, underpinned by a stable
labor market and rising wagesThe measure of economic expectations, meanwhile,
rose to 1.1 points in June, above its long-term average of zero but below last
June's level of 3.0 points"The main factor currently preventing stronger momentum is the lack of
positive signals from abroad," with the euro zone mired in recession, GfK saidThe roughly 2,000 consumers polled by GfK each month also remained upbeat in
terms of bigger purchasesThe corresponding sub-indicator slipped to 36.5 in
June from 37.7 in May, but remained well above its long-term average of zero